Unless you are buying at a discount, plan on taxes going up.I am not sure how Texas handles assessed values on property, but first you need to ask;1.

New folks want a deeper discount because they still are not all that comfortable with the asset class.

They sell store gift cards including home improvement stores and Amazon, so it's a 5% discount at the right store.

I also assume there are no improvements, just vacant land.I'd say if you were lucky, you might get ten cents on the dollar as a discount.

No big discounts.

But, as a selling broker myself, my goal is to get you a better deal than a 1-2% discount on the asking price...if warranted and uncompeting.Best wishes with your investments and good luck.

So, a 2000 sf house would be $2000-3000.Cost of paint has gone up considerably in the past year or two, so find a contractor who does enough work that they can get reasonable material/paint discounts.

He invests in Houston and has done a tremendous job getting good cash flowing properties.

I've crunched a few numbers and it seems that just because of taxes, I am forced to search for deep discounts on homes.

Two years ago I tried to be "all in" at 70%,,,today in the same area, I'm probable closer to 90%,,,to a large degree the market will influence how good of a deal you can find.As others have said, I'm looking at cash flow,,if it fits the area/size/neighborhood specs I use, and still cash flows what I'm trying to achieve,,I'm not too worried what discount I'm getting.